Mumbai, Aug. 25 -- For years, the Switzerland-based Muttenz plant has manufactured Sudarshan Chemical Group's aluminium dyes portfolio, including the Sanodal, Sanodure, Sanodye, and Anodal brands. The agreement converts that supply relationship into direct ownership.

Aluminium Dyes are the colorants used to color anodized aluminium, giving finished surfaces their color and durability in automotive and consumer electronics components, packaging and industrial parts. Sudarshan Chemical Group covers the segment worldwide in cooperation with its trusted regional partners.

The said unit is being acquired for a base price of seven million Swiss Francs CHF 7,000,000 and inventory value as determined in accordance with the asset sale and transf...